GBPUSD tests the key support – Analysis - 26-09-2017
Economies.com
2017-09-26 03:38AM UTC
The GBPUSD pair provided clear negative trading yesterday's evening to approach from the key support 1.3418, noticing that the EMA50 formed good support to protect the price from suffering more decline, as it begins today with slight bullish bias that hints resuming the main bullish trend again.
Therefore, we will continue to suggest the overall bullish trend unless breaking 1.3418 level and holding below it, noting that breaching 1.3618 will ease the mission of achieving our positive targets that start at 1.3700 and extend to 1.3834.
Expected trading range for today is between 1.3400 support and 1.3618 resistance.
Expected trend for today: Bullish
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